Pakistan: Iran agrees to allow an additional 20 Pakistani ships to pass through the Hormuz Strait.
On Sunday early morning Beijing time, good news regarding the navigation situation in the Strait of Hormuz was reported.
On Sunday morning Beijing time, good news about the navigation in the Strait of Hormuz was reported.
According to media reports such as CCTV News, Pakistani Vice Premier and Foreign Minister Dar reported on social media that the Iranian government has agreed to allow an additional 20 Pakistani-flagged ships to pass through the Strait of Hormuz, with two ships passing through the strait each day.
Dar stated that this is a positive and constructive gesture from the Iranian side, deserving of praise. This move is a peaceful and positive signal, which will help promote regional stability.
Dar also wrote at the end of the post, "Dialogue, diplomacy, and measures to build mutual trust are the only way out."
According to the Pakistani Ministry of Foreign Affairs, Dar had a phone call with Iranian Foreign Minister Aragchi on the same day, exchanging views on the current regional situation and the latest developments.
Reconstruction of the navigation order in the strait
As the US-Iran war enters its second month, the passage conditions in the Strait of Hormuz are still far below pre-war levels.
As of the latest information before the article was written, a total of 4 ships that can be tracked completed passage on Saturday, including two liquefied petroleum gas ships and two bulk carriers. All four ships entered Iranian waters and passed through the narrow channel between Larak Island and Gesham Island, indicating that the passage itself was approved by the Iranian side.
According to statistics from the trading data platform Kpler, since the war began on February 28, the number of ships passing through the Strait of Hormuz daily has been low, with only about 10 ships passing through each day at most, far below the nearly 100 ships before the war.
It should be noted that due to ongoing electronic interference during the war disrupting ship tracking systems in the region, ships in high-risk areas also voluntarily turn off AIS responders, further reducing the timeliness and reliability of tracking data. Therefore, Wall Street traders and analysts are also using satellite images to assess the situation in the strait. As ships safely pass through the strait and communication is restored, the final passage data may be revised upwards.
Meanwhile, diplomatic efforts for "navigation actions" are ongoing. In recent days, the governments of Malaysia and Thailand have announced that Iran has promised to allow their ships to pass through the Strait of Hormuz. The Indonesian government has also confirmed that they are in close communication with Iran over the passage of two stranded oil tankers.
On the 11th of this month, Iran reported that its forces fired at a cargo ship flying the Thai flag, "Mayuree Naree," which caught fire and ran aground in northern Oman after being hit by an unidentified object. Three crew members are still missing, while 20 others were rescued.
It is also reported that the Iranian parliament is seeking to enact legislation to levy fees on ships attempting to safely pass through the strait.
According to a rough estimate, the strait usually sees 20 million barrels of crude oil and oil products pass through each day, equivalent to 10 Very Large Crude Carriers (VLCCs). If each ship were to charge $2 million, they could earn $600 million a month.
This article is reprinted from "Cailianshe", GMTEight editor: Wang Qiujia.
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